USDINR was up in the Asian trading session, buoyed by ongoing trade talks between Indian and the US. The pair was at 85.45 at the time of writing, up by 0.3% on the daily chart. That said, it is still struggling for a decisive upside momentum, with the dollar still near four-month lows. USDINR Hinged…
USDINR traded downward in Thursday’s early hours , going at 85.48 to stay on course to register the sixth successive loss. The trading pair is down by 0.2% year-to-date and pressure is mounting on the US dollar as the trade tariff war escalates the likelihood of a recession in the United States. The Reserve Bank…
USDINR traded upwards on the opening day of the week as the global trade tariff war continued to bite. The currency pair traded at 85.74 at the time of writing, up by 0.8% and on course to register its second successive daily gain. Nonetheless, some traders continue to dump the dollar amid growing skepticism over…
The US dollar slid further against the Japanese yen on Friday as global trade tariff wars escalated. The USDJPY was down by 0.48% and on track to register four successive daily losses for the first time since August 2024. Also, the pair had hit six-month lows of 144.54 at the time of writing underlining a…
The Indian rupee strengthened against the US dollar on Thursday as the sour trade tariff sentiment got a stronger tempo. The USDINR traded at 85.37, down by 0.06% at the time of writing, hitting the lowest level in fourteen weeks. The decline is attributed to the latest US tariff announcements, which triggered widespread selloffs across…
USDJPY returned to the upside on Wednesday, gaining 0.1% to trade at 149.95 at the time of writing. The US dollar has weighed on the yen as the Japanese Government negotiates with the US Government on a potential escape route from the US reciprocal tariffs. Nonetheless the USDJPY currency pair is down by 0.6% in…
The Japanese yen strengthened against the US dollar on Tuesday as traders repositioned themselves for US reciprocal tariffs. The USDJPY currency pair traded at 149.31 at the time of writing, down by 0.4% during the European trading session, registering the second loss in the last three sessions. For context, the pair only registered one loss…
The Indian rupee continues to gain ground against the US dollar and was up on Monday to send the USDINR pair to three-month lows of 85.39. The pair has been on an extended downtrend in the last three weeks and is down by 0.2% year-to-date. The rupee’s upsurge is propelled by rising foreign institutional inflows…
USDJPY was up in the New York trading session on Wednesday, with shifting trade tariff sentiment at the center of focus. The currency pair was at 150.60 and up by 0.4% at the time of writing. That gain brought its returns in the last five sessions to 1.35%, underlining the dollar’s strong resurgence. However, there…
USDTRY returned to the upside on Tuesday, as investors cast their lots on the US dollar amid rising political uncertainty in Turkey. The currency pair traded at 37.98 at the time of writing, having risen by 0.25%. Meanwhile, the momentum around the greenback is upbeat following news that the reciprocal trade tariffs scheduled for implementation…
